Rare wide open bay waterfront development or redevelopment opportunity in Miami Beach. Situated on an expansive 8,850 SF lot with direct Biscayne Bay frontage, 1920 Bay Drive offers breathtaking, unobstructed panoramic views of the wide bay and Downtown Miami skyline. The views are unmatched at this price-point. Located in the… Read More desirable Normandy Isles neighborhood, this exceptional property presents an opportunity to redevelop a luxury waterfront estate or create a boutique condominium project. Featuring RM-1 zoning, a 1.25 FAR allowing approximately 11,000 SF of buildable floor area, and a potential building height of up to 55 feet, the property offers tremendous development possibilities. Enjoy direct ocean access with no fixed bridges and existing grandfathered dock pilings for a boaters paradise. A very rare opportunity to create a landmark waterfront residence or exclusive boutique development in one of Miami Beach's hottest residential neighborhoods. Read Less
Courtesy of Compass Florida, LLC 305-851-2820
Listing Snapshot
Days Online
3
Last Updated
Property Type
Single Family Residence
Beds
4
Full Baths
4
Square Ft.
2,684
Lot Size
0.2 Acres
Year Built
1951
MLS Number
A12111786
Additional Details
Building
Built in 1951, Living area: 2684.0, Building faces West, 2 stories, Levels: Two, Entry level: 1, Construction Materials: CBS, Frame, Stucco
Cooling
Central Air
Exterior Features
Patio/Porch Features: Deck
Floors
Tile
Garage
2 spaces
Lot
0.2 acres
Parking
2 covered spaces, Driveway
Pool
In Ground
Property
Resale, Bay
Roof
Shingle
Sewer
Public Sewer
Taxes
Parcel Number: 0232100021250, Annual Amount: $11,961, Legal Description: ISLE OF NORMANDY MIAMI VIEW SEC PART 1 PB 34-80 LOT 20 BLK 39 LOT SIZE 52.060 X 170 OR 18915-3183 11 1999 1, Year: 2026, Zoning: 3900
Utilities
Water Source: Public
Water Features
Ocean Access, Bay, Ocean
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